Sir Lucian Grainge In The News

$500m-backed Saban’s first release surpasses 5 million plays on YouTube

Track is averaging over a million plays per day on the platform

$500m-backed Saban Music Group inks global Universal deal to deliver ‘groundbreaking artists’

SMG, backed by Haim Saban, will be distributed in the US by Caroline

Tencent’s Move to Buy 10% of Universal Music Group Shows the Global Music Business Is In Excellent Health

Nue Agency founder Jesse Kirshbaum on the biggest music biz deal of the year

Sir Lucian Grainge: After Tencent deal ‘our strategic vision remains the same’

"This is an exciting development reflecting a strong validation of our business strategy, our incredible team and your excellent work."

Official: Universal Music Group to sell 10% stake, worth over $3bn, to Tencent-led Consortium

"Tencent and the Consortium members are excited to support UMG's growth through this investment."

Sir Lucian Grainge: ‘No other music company has ever come close to matching what we achieved this year.’

'It’s no accident that we have built the largest, most diverse, and most innovative music company in the world.'

Dirty Hit inks global digital distribution deal with Ingrooves

"UMG’s acquisition of Ingrooves is a perfect marriage of Dirty Hit’s two core partners and so this deal with Ingrooves, whose footprint is expanding, feels like a natural evolution as we continue to grow."

Universal launches new ‘A-Pop’ label, Red Records, in partnership with AirAsia

Red Records will be lead by Hassan Choudhury, Head of Music for AirAsia Group and former UMG exec